13 Apr 2012 10:43
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Friday, 13 April 2012
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Zotefoams plc (the 'Company')
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Directors' Shareholdings
On 12 April 2012 the Executive Directors listed below, became absolutely entitled to Ordinary Shares of 5p ('Shares') each in the capital of the Company, as a result of awards vesting under the Zotefoams 2007 Long Term Incentive Plan ('LTIP'). Awards granted under the LTIP vest subject to the satisfaction of performance targets at the end of a three year period. The level of vesting for awards granted in 2009 was 88.7%, which was then increased to reflect the dividends paid during the performance period.
Director | Shares released to Director | No. of Shares sold to meet tax liability | Sale price (Β£) | Balance of Shares retained by Director |
DB Stirling | 170,156 | 88,660 | 1.70 | 81,496 |
CG Hurst | 118,876 | 61,940 | 1.70 | 56,936 |
Following the above transactions, Mr Stirling and Mr Hurst are beneficially interested in the following number of Shares:
Director | No. of Shares | % of Company's Share Capital |
DB Stirling | 268,431 | 0.7% |
CG Hurst | 220,910 | 0.6% |
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Enquiries: | |
Zotefoams plc | 020 8664 1600 |
David Stirling, Managing Director | |
Clifford Hurst, Finance Director |
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